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say we have a $1,000 people who each contribute $1,000. we buy a perpetual bond that pays 4% interest. after 30 years, only 200 people
say we have a $1,000 people who each contribute $1,000. we buy a perpetual bond that pays 4% interest. after 30 years, only 200 people are still living in the group. how much is the mortality credit at that point?
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Valuation Measuring And Managing The Value Of Companies
Authors: McKinsey & Company Inc., Tom Copeland, Tim Koller, Jack Murrin
3rd Edition
